DRDGold
31 hedge funds and large institutions have $37.2M invested in DRDGold in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.
763% more call options, than puts
Call options by funds: $164K | Put options by funds: $19K
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
29% more funds holding
Funds holding: 24 → 31 (+7)
1% more capital invested
Capital invested by funds: $36.8M → $37.2M (+$386K)
0.23% less ownership
Funds ownership: 1.03% → 0.79% (-0.23%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$529K |
| 2 |
Renaissance Technologies
New York
|
+$376K |
| 3 |
Jane Street
New York
|
+$194K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$115K |
| 5 |
Goldman Sachs
New York
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$2.62M |
| 2 |
Millennium Management
New York
|
-$546K |
| 3 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$65K |
| 4 |
Morgan Stanley
New York
|
-$42K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$21.6K |
DRD Hedge Fund Activity: Q1 2020 in Review
31 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q1 2020, worth a combined $37.2M — up 1% from $36.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DRD positions and 5 closed out — a net gain of 8 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $529K. The largest seller was Ruffer LLP, cutting an estimated $2.62M.
- 31 institutional investors held DRDGold (DRD) as of Q1 2020, up from 24 in Q4 2019.
- Funds reported $37.2M of DRDGold stock for Q1 2020, up 1% quarter-over-quarter.
- 13 funds opened new DRDGold positions in Q1 2020 and 5 closed out, a net change of +8 holders.
- The largest DRDGold buyer in Q1 2020 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $529K added.
- The largest DRDGold seller in Q1 2020 was Ruffer LLP, an estimated $2.62M sold.
Based on aggregated 13F filings for Q1 2020.